WEG SA (Brazil) Technical Analysis
| WEGE3 Stock | BRL 53.94 1.03 1.95% |
As of the 1st of December, WEG SA maintains the Risk Adjusted Performance of 0.0111, downside deviation of 1.75, and Mean Deviation of 1.19. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WEG SA, as well as the relationship between them. Please check out WEG SA standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if WEG SA is priced favorably, providing market reflects its latest price of 53.94 per share.
WEG SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WEG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WEGWEG |
WEG SA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
WEG SA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WEG SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WEG SA Trend Analysis
Use this graph to draw trend lines for WEG SA. You can use it to identify possible trend reversals for WEG SA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual WEG SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WEG SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WEG SA applied against its price change over selected period. The best fit line has a slop of 0.01 , which means WEG SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.14, which is the sum of squared deviations for the predicted WEG SA price change compared to its average price change.About WEG SA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WEG SA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WEG SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WEG SA price pattern first instead of the macroeconomic environment surrounding WEG SA. By analyzing WEG SA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WEG SA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WEG SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
WEG SA December 1, 2024 Technical Indicators
Most technical analysis of WEG help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for WEG from various momentum indicators to cycle indicators. When you analyze WEG charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0111 | |||
| Market Risk Adjusted Performance | 0.0237 | |||
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.72 | |||
| Downside Deviation | 1.75 | |||
| Coefficient Of Variation | 12640.57 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.43 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0137 | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 2.71 | |||
| Downside Variance | 3.07 | |||
| Semi Variance | 2.96 | |||
| Expected Short fall | (1.13) | |||
| Skewness | (0.59) | |||
| Kurtosis | 1.16 |
Additional Tools for WEG Stock Analysis
When running WEG SA's price analysis, check to measure WEG SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WEG SA is operating at the current time. Most of WEG SA's value examination focuses on studying past and present price action to predict the probability of WEG SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEG SA's price. Additionally, you may evaluate how the addition of WEG SA to your portfolios can decrease your overall portfolio volatility.